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Economy featured

JP Morgan returns Nigeria to new bond index after 11 years

J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge, assigning Nigerian government bonds a 7.4 per cent weighting in the benchmark tracking local-currency sovereign debt across emerging and frontier markets. The development was disclosed in J.P. Morgan’s Global Index Research report dated September 14, 2026, and confirmed by Nigeria’s Minister […]

Business

Chowdeck riders earn ₦100,000 weekly, says CEO

Chowdeck Chief Executive Officer, Femi Aluko, has stated that delivery riders operating on the platform take home an average of N100,000 weekly while also maintaining physical fitness through the job. Aluko disclosed this during an appearance on Channels Television’s Business Morning, where he spoke on the earning potential available to individuals working within the delivery […]

News

Kaduna cattle breeders laments loss Of 200,000 cattle, 50 lives

The Kaduna State chapter of the Miyetti Allah Cattle Breeders Association of Nigeria has revealed that its members suffered the loss of over 200,000 cattle and no fewer than 50 lives to cattle rustling, banditry, communal clashes and other security challenges between January and September 2026. This disclosure was made on Sunday during a press […]

Aviation

Nigeria’s airport infrastructure can’t cope with airline number, AON warns

The Airline Operators of Nigeria has sounded a warning over the growing rate at which Air Operator Certificates are being handed to new carriers, cautioning that current aviation facilities might struggle to cope with the projected rise in aircraft numbers. AON spokesperson Professor Obiora Okonkwo, while expressing support for greater competition within the sector, explained […]

Opinion

Lagos produces more millionaires than most African cities — Omokri

Ambassador-designate to Mexico, Reno Omokri, has declared that Lagos State under Governor Babajide Sanwo-Olu has produced more dollar millionaires than most African countries. Omokri made the assertion during an appearance on Channels Television’s Sunday Politics programme, where he discussed Nigeria’s cost-of-living challenges and economic performance. He linked the development to the state’s rapid expansion, noting […]

Finance

DMO offers ₦1trn FGN bonds at ₦1,000/unit

The Debt Management Office has announced the offer of two Federal Government of Nigeria bonds valued at N1 trillion for subscription at N1,000 per unit. The DMO, in a statement on Monday, said the first offer was a new 10-year FGN bond valued at N400 billion and due in September 2036. The second was a […]

Tech

Tinubu tasks BRICS on AI, technology transfer cooperation

President Bola Ahmed Tinubu has warned that developing countries risk losing control of their future unless they shift from merely consuming technology to producing it, generating knowledge and owning intellectual property. Tinubu, who declared that “a nation that owns no technology risks renting its future”, challenged BRICS countries to deepen cooperation with developing economies in […]

Business

EU plans new social media rules to protect children

The European Union is set to propose new legislation on Thursday aimed at protecting children from the harmful effects of social media, a day after EU Commission President Ursula von der Leyen is expected to announce an age limit for minors using such platforms. The move follows more than a year of discussions and growing […]

Tech

China rejects calls for global slowdown in AI development

China on Monday rejected calls from United States Artificial intelligence executives for companies to slow the development of advanced artificial intelligence technology. “Fear mongering, confrontation, competition will just disrupt [the] process of global AI governance,” Guo Jiakun, a spokesperson for China’s Foreign Ministry, said on Monday, according to Reuters. He was responding to comments by […]

Business

PM Modi seeks more crude as India, Nigeria strengthen ties

India is seeking to increase crude oil imports from Nigeria as both countries move to deepen trade and investment ties following high-level talks between Vice President Kashim Shettima and Indian Prime Minister Narendra Modi. The discussions, held on the sidelines of the BRICS Summit in New Delhi, focused on expanding economic cooperation across key sectors, […]

Tech

Amazon cancels 21 air operations after plane crash kills five

Amazon said on Sunday it had suspended operations with Miami-based cargo carrier 21 Air, which operated the Amazon Air flight that crashed in Miami last weekend, killing five people. The e-commerce giant said the decision followed a review of the circumstances surrounding the crash and its support for the ongoing investigation, according to Reuters. “After […]